Genterra Capital Inc. ("GCI") reports third quarter financial results

Genterra Capital Inc. (TSX Venture - "GIC" - Common)

TORONTO, Aug. 23, 2012 /CNW/ - Effective October 1, 2011, GCI began preparing its consolidated financial statements in accordance with International Financial Reporting Standards, with retroactive restatement of comparative figures.

Revenues for the nine month period ended June 30, 2012 were $2,427,438 compared to $2,451,185 in the comparable 2011 period. Net loss for the period was $119,573 compared to $231,610 in the comparable 2011 period.  Loss per share for the period was $0.01 compared with $0.02 in the comparable 2011 period.

Genterra Capital Inc. is a management and holding company whose assets include rental real estate properties and investments.

Disclaimer: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Genterra Capital Inc.

Stan Abramowitz, Secretary
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